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Vehicle Shipping Services in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Vehicle Shipping Services Market Research Report | Consumer Goods & Services | Personal Services | Jul 2014

On the road: Improving economic conditions will boost demand, but interest rates will taper growth

IBISWorld’s Vehicle Shipping Services market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
BNSF BNSF market share
CSX CSX market share
Norfolk Southern Norfolk Southern market share
Union Pacific Union Pacific market share
Industry Statistics & Market Size
Revenue
$12bn
Annual Growth 09-14
12.9%
Annual Growth 14-19
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Profit
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Employment
42,515
Businesses
5,159
Industry Analysis & Industry Trends

The Vehicle Shipping Services industry's strong performance largely reflects a rebound from a very low recessionary base in 2009. Over the five years to 2014, as pent-up demand was satisfied and interest rates began to increase, car sales slowed and vehicle freight volume growth declined. However, demand for industry services has begun to normalize, and industry revenue is expected to increase over the five years to 2019, boosted by increasing sales of new cars.... purchase to read more

Industry Report - Industry Key Buyers Chapter

The Vehicle Shipping Services industry is categorized by a low market share concentration, with the top four players accounting for slightly less than 35.0% of total industry revenue in 2014. This low concentration is mainly attributed to the relative ease of entry into the trucking segment of the industry. Although vehicle shipping requires more specialized equipment, nonemployers or owner-operators still account for a significant portion of establishments and enterprises in the freight trucking landscape. With less capital expenditure required for trucking, truck drivers are able to obtain loans to purchase vehicle-hauling trucks and start their own operations. The largest operators in the industry are rail operators... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Vehicle Shipping Services Industry?

Operators in this industry transport finished vehicles, such as cars, trucks, vans, buses, tractors and motorcycles, regionally and nationally. This industry includes operators that transport vehicles individually or part of a fleet but excludes operators that perform automobile-towing services.

Industry Products
Local trucking transportation servicesLong-distance trucking transportation servicesRail transportation servicesShip transportation services
 
Industry Activities
Providing enclosed transport servicesProviding schedule pickup and delivery servicesProviding open-air vehicle transport servicesProviding door-to-door delivery servicesProviding terminal-to-terminal delivery services


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